Companies · Hospitality / Travel

Proper Hospitality, LLC

SANTA MONICA · Hospitality / Travel · refined from filed group “Other”

Diligence memoA one-page analyst read on Proper Hospitality, LLC — recommendation, valuation, rhythm, risks.→
$333K
Total raised · real
1
Rounds
—
Latest step-up
Top 7%
Sector rank · raised
Pre-Seed
Latest stage · inferred · Thu Aug 29 2024 00:00:00 GMT+0000 (Coordinated Universal Time)

Proper Hospitality, LLC looks fair against its niche peers and is quiet on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the health services sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Fair
  • Modeled value is 0.73× the median modeled value of Pre-Seed Hospitality / Travel companies in 2022–2024 (6 peers) — value vs value, same stage and era.
  • Within the normal band (73% of peer median) for its niche.
Quiet
  • Last raise 22 mo ago; this sector typically re-raises about every 14 months.
  • Slightly overdue versus sector cadence.

Procedural diagnosis est. — rule-based common-sense checks over the filing pattern, issuer name, activity cadence, and surfaced operating evidence.

Issuer-vehicle patternmedium confidence

Proper Hospitality, LLC behaves more like a recurring private-offering issuer than a conventional venture-backed operating company.

Issuer structure
Company-like
No recurring-offering pattern strong enough to override normal financing interpretation.
Lifecycle
2.1 yr record
Peak capital year was 2024 with $333K across 1 filings.
Market position
ahead of 94% of Hospitality / Travel peers
Capital scale is ahead of 94% of Hospitality / Travel peers; modeled value is above 94% of peers by modeled value. Large capital with mid-pack modeled value can signal an issuer/program profile rather than operating-company growth.
Valuation reliability
Normal applicability
Stage/dilution valuation models are weakest when the issuer is broad-sector, recurring, or vehicle-like.
Operating evidence
Sparse
No clear CEO/founder/principal role is surfaced, so operating-company confidence is lower.
Data quality
Consistent
Canonical totals and visible filing detail are broadly aligned.
What triggered this
  • Legal name looks like an issuer vehicle rather than a product company.
  • No clearly named CEO/founder/principal role in the public records surfaced here.
  • No verified homepage on the profile yet.
  • Capital program peaked in 2024: $333K across 1 filings.
  • Largest single filing was $333K on 2024-08-29.
How to read the page
  • Read this less like a startup funding journey and more like a capital-raising program.
  • Stage-based valuation and peer labels have lower applicability for this pattern.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Hospitality / Travel

Proper Hospitality, LLC is one of 1027 Hospitality / Travel companies tracked from SANTA MONICA. By capital raised it ranks among the largest (ahead of 94% of sector peers), and among the largest by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

hospitality

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
1
Investors (latest)
2024-08-29
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$500K$1.0M$1.5M$2.0MPre-Seed · 2024-08-29 Raised $333K (real) Modeled valuation $1.3M (est)$333K$1.3MPre-Seed2024

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Pre-Seed$333K · 2024

Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.

Modeled valuation trajectory
$1.3M
Base estimate est.
$218K
Conservative case
$4.2M
Upside case
$1.9M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Pre-Seed — a round under $1.0M). Valuation is modeled from stage benchmarks scaled by the health services sector profile. Directional, not a quoted figure.

Not enough modeled valuation points to chart a trajectory.

Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
29%
Survival probability
12% low · 54% high
1.61×/yr
Annual markup
2.18×/yr upside case
1.8 yr
Elapsed time used
1.8 yr actual, capped for stale marks
health services
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
—
Avg between rounds
—
Capital velocity
2.1 yr
On record since
2024
First round
1
Rounds on file
How it compares to the market

Benchmarked against 1027 companies in Hospitality / Travel. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages)▼ 0.1× of median
This company$333K
Sector median$3.9M
Latest round — vs other Pre-Seed rounds in sector (real $, this stage)▼ 0.9× of median
This company$333K
Sector median$385K
Modeled value — vs sector median (estimate, all stages)▼ 0.0× of median
This company$1.3M
Sector median$36.9M

Raised more than 94% of sector peers (real $). Modeled value above 94% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Pre-Seed) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #5 of 6.

This companyCohort peer
$100K$1.0M$10.0M$10K$100K$1.0M$10.0MCapital raised (log)30 West 18th Hospitality LLC · Pre-Seed Raised $900K · modeled $6.5M (est)Fabels Hospitality East, LLC · Pre-Seed Raised $700K · modeled $3.6M (est)Solvang Hospitality Group 29, LLC · Pre-Seed Raised $420K · modeled $2.0M (est)Garden Valley Golf Resort & Village, Inc. · Pre-Seed Raised $927K · modeled $1.5M (est)Gold Days Hospitality Group, Llc · Pre-Seed Raised $100K · modeled $773K (est)Proper Hospitality, LLC (this company) Raised $333K · modeled $1.3M (est)Proper Hospitality, LLC
CompanyStageRaised · realValue · estvs peer med.
30 West 18th Hospitality LLCPre-Seed$900K$6.5M3.62×
Fabels Hospitality East, LLCPre-Seed$700K$3.6M1.99×
Solvang Hospitality Group 29, LLCPre-Seed$420K$2.0M1.14×
Garden Valley Golf Resort & Village, Inc.Pre-Seed$927K$1.5M0.86×
Proper Hospitality, LLC this companyPre-Seed$333K$1.3M0.73×
Gold Days Hospitality Group, LlcPre-Seed$100K$773K0.43×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Pre-Seed$333K2024-08-29$1.9M$1.3M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Pre-Seed$333K2024-08-29
    • First recorded raise — entered as Pre-Seed.
    • 1 investor on this round.
Intelligence
—
Modeled next raise
$533K
Modeled next size est.range $347K–$853K
—
Last step-up
—
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Brad Korzen——2024-08
Brian De Lowe——2024-08
Registry & provenance

Proper Hospitality, LLC is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
2037131
SEC CIK
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
Solvang Hospitality Group 29, LLCHospitality / TravelPre-Seed$420K$2.0Msame sector · same stage
Homegrown Growth LLC - Series Succulent Hospitality 1Hospitality / TravelPre-Seed$212K$657Ksame sector · same stage
Landingplace Hospitality LLCHospitality / TravelPre-Seed$560K$1.6Msame sector · same stage
Garden Valley Golf Resort & Village, Inc.Hospitality / TravelPre-Seed$927K$1.5Msame sector · same stage
Gold Days Hospitality Group, LlcHospitality / TravelPre-Seed$100K$773Ksame sector · same stage
Hyker Hotels Corp.Hospitality / TravelPre-Seed$100K$1.4Msame sector · same stage
Six Diamond Resorts InternationalHospitality / TravelSeed$450K$1.8Msame sector
Hotel Investor Apps, Inc.Hospitality / TravelSeed$3.9M$660Ksame sector
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
Pleasant Hill Hospitality, LLCHospitality / TravelSeed$38.0M87%
NVC Hospitality, LLCHospitality / TravelSeries A$79.8M84%
Branded Hospitality Group LLCHospitality / TravelSeed$743K84%
ProperFood, LLCOtherSeries A$12.4M84%
Fabels Hospitality East, LLCHospitality / TravelPre-Seed$3.6M82%
Milligram Hospitality, LLCHospitality / TravelPre-Seed$4.3M82%
Landingplace Hospitality LLCHospitality / TravelPre-Seed$1.6M82%
Proper Good, Inc.OtherSeries A$10.4M82%
Frequently asked
How much funding has Proper Hospitality, LLC raised?
Proper Hospitality, LLC has raised approximately $333K in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Proper Hospitality, LLC's estimated valuation?
Provath's modeled valuation for Proper Hospitality, LLC is approximately $1.3M (modeled range $218K–$4.2M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Proper Hospitality, LLC at?
Proper Hospitality, LLC's latest modeled financing stage is Pre-Seed. Its most recent recorded round closed around Thu Aug 29.
What does Proper Hospitality, LLC do and where is it based?
Proper Hospitality, LLC operates in the Hospitality / Travel sector, based in SANTA MONICA.
Explore related

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